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Burnaby Neighbourhood Spotlight Nov 2026

Burnaby Neighbourhood Spotlight Nov 2026

Burnaby sits in the middle of Metro Vancouver — between Vancouver and the Tri-Cities, served by two SkyTrain lines, and home to BC's third-largest population. It has long been the compromise choice: close to downtown Vancouver without downtown Vancouver prices. In November 2026, that compromise is cheaper than it was a year ago, and the choice on offer is wider than it has been in years.

Burnaby by the numbers — October 2026

Every figure below is labelled with its month, so you can tell the report month from the publication month.

- Burnaby East composite benchmark, October 2026: $972,500, down 1% from September and down 7.1% from a year ago.

- Burnaby North composite benchmark, October 2026: $875,000, down 0.2% on the month and down 5.8% year over year — the lowest of Burnaby's three areas.

- Burnaby South composite benchmark, October 2026: $975,400, up 0.3% on the month but down 6.1% year over year.

- Sales across Burnaby, October 2026: 247 homes sold.

- Burnaby South detached benchmark, October 2026: $1,894,600, down 10.3% year over year.

- Burnaby North apartment benchmark, October 2026: $662,400, down 6.6% year over year.

- Median detached house sold, October 2026: $1,832,500, against $1,888,000 a year earlier.

- Homes for sale in Burnaby, November 6, 2026: 1,978 listings, median asking price $866,500 — including 455 houses, 1,122 condos and 219 townhouses, plus other property types. Median asking prices: condos $688,000, townhouses $979,900, houses $2,098,900.

For context, Greater Vancouver REALTORS® reported a regional composite benchmark of $1,068,600 in October 2026, down 5.2% year over year, with 2,024 sales. Burnaby's benchmarks sit below the regional composite in the north and roughly in line with it in the east and south — which is why buyers priced out of Vancouver West keep landing here.

The neighbourhoods, pocket by pocket

Metrotown — the condo capital

Metrotown is Burnaby's downtown: one of BC's largest shopping centres, the SkyTrain's busiest suburban station, and a forest of condo towers old and new. It holds much of Burnaby's condo supply, and with the regional condo benchmark down 5.9% year over year in October 2026, it is where the negotiating room is widest. Best for first-time buyers and investors who want transit at the door. Watch strata fees and building age: two similar-looking towers can carry very different monthly costs.

Brentwood and Lougheed — the new town centres

Brentwood and Lougheed are Burnaby's growth story: master-planned tower districts built around SkyTrain stations, with shops, offices and homes in the same blocks. Much of Burnaby's new construction sits here, where presale and just-completed homes compete directly with resale. Best for buyers who want a new home in a walkable neighbourhood and are comparing a presale against a finished unit. If you are weighing the two, see our [presale listings](https://soldtoday.ca/presales-condo.html) and compare the full cost — including GST on presales — before you commit.

Burnaby Heights and North Burnaby — the quieter side

Along Hastings Street, Burnaby Heights offers older detached homes, character streets and a village high street, generally below Burnaby South prices. North Burnaby also holds the city's most affordable typical condo price — the $662,400 apartment benchmark. Best for buyers who want a house or a larger condo without the Metrotown premium, and for families who value the parks and the quick drive to North Vancouver.

Edmonds and South Burnaby — value with a SkyTrain stop

Edmonds and the wider south, around Edmonds and Royal Oak stations, are where Burnaby's detached benchmark of $1,894,600 is set — down more than 10% year over year. Tree-lined streets, larger lots than the north, and a direct SkyTrain ride downtown. Best for move-up buyers trading a condo for a house, and for sellers who need to know detached prices here have corrected further than the regional average.

What this means for you

Buying your first home: Burnaby North's $662,400 apartment benchmark is the realistic entry point to owning in the city — and with 1,122 condos currently listed, you can compare buildings instead of chasing the only one available. Check the strata documents, the depreciation report and the monthly fees before you fall for the view.

Selling: Detached homes in Burnaby South are down 10.3% year over year, and the median house sold for $55,500 less than a year ago. Price to the October benchmarks, not to the 2022 peak, and expect buyers to have other options — 1,978 listings is a lot of competition.

Investing: Condos near SkyTrain are Burnaby's rental workhorse, but check the maths building by building: purchase price, strata fees, property tax and achievable rent. The rental market has softened with new completions, so underwrite the rent you can actually get today, not the rent from two years ago.

Renting or new to the region:

Burnaby is the practical first stop for many newcomers: SkyTrain to downtown in about 25–35 minutes from most stations, established neighbourhoods, and rents that generally sit below Vancouver's. If you are renting while you decide where to buy, walk the pockets above — they feel very different from each other.

Three smart next steps this week

1. Buyers: [Search Burnaby MLS® listings](https://soldtoday.ca/) and shortlist by SkyTrain station and building age, not just price.

2. Sellers: Ask for a current evaluation against the October 2026 benchmarks for your area — Burnaby East, North and South now sit between $875,000 and $975,400 in typical price.

3. Everyone: Browse [presale condos and townhomes](https://soldtoday.ca/presales-condo.html) in Brentwood and Lougheed, and compare them with finished homes before committing to a completion date years out.

Talk to Kevin Lee before you decide

One street in Burnaby can behave very differently from the city-wide average — and a benchmark is a typical home, not your home. If you want to know what these November numbers mean for your budget, your building, or your street, get in touch.

Contact Kevin Lee, SoldToday.ca: 604-600-5777, soldtoday.ca@gmail.com, 1200 W 73rd Ave #100, Vancouver, BC V6P 6G5. [Create a free account](https://soldtoday.ca/vow-signup.html) to save searches, get alerts, and download the free BC Home Buyer's Guide. Have a question first? See the answers to [100 common real estate questions](https://soldtoday.ca/real-estate-qa.html).

Sources: Greater Vancouver REALTORS® October 2026 figures via HousingPortal.ca (updated November 4, 2026) — Burnaby East $972,500, Burnaby North $875,000, Burnaby South $975,400 composite benchmarks; 247 Burnaby sales; regional composite $1,068,600 and 2,024 sales; Kyle Mark October 2026 Burnaby market update (MLS® data) — Burnaby South detached benchmark $1,894,600, Burnaby North apartment benchmark $662,400, median detached sold $1,832,500 vs $1,888,000 a year earlier (a $55,500 drop); EstateBlock Burnaby market snapshot, November 6, 2026 — 1,978 homes for sale, median asking price $866,500, with median asking prices of $688,000 for condos, $979,900 for townhouses and $2,098,900 for houses. Figures are for Burnaby / Greater Vancouver as stated by each source. This post is general information, not financial, legal, or tax advice — confirm current details with a licensed REALTOR®, lawyer, notary, or accountant before you act.

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